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Methuen Town 01844
1 Thomas Rd
$418,000
● House - Off Market

1 Thomas Rd

Methuen, MA 01844
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,524 Ft²
$745,303
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

Here it is....  a beautiful 4 bedroom, 2.5 bath home with an attached two-stall garage on a large, flat lot in West Methuen's Marsh School District. This very special property has been freshly updated throughout the years with hardwood floors, new paint and new deck which leads to a refreshing above-ground pool.  Newer water heater, windows and doors and young roof. A beautiful, lush, level yard  on a quiet cul-de-sac  with nice curb appeal is ideal for outdoor activities. Come see this wonderful place to call home!
Unit Size
2,524 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$166
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #71909940)

Price History

Date / Event Date Event Price
Dec 1, 2015 Sold
Premium
Sold
Sep 24, 2015 Listed by Gabriel Realty Group $419,900
Listed by Gabriel Realty Group

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,244
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 40,398
  • Total Building Area: 2,524
  • Gross Building Area: 5,851
  • Building Area: 2,524
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,524
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000927
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Methuen School District
  • School Tax School District: METHUEN SD
  • Census Tract: 252102

Zoning

  • Zoning: RR

Geography

  • Account Number: 1466
  • Parcel: METH M:00314 B:00129B L:00032Q
  • Block: 129B
  • Lot: 32Q
  • Municipality: METHUEN
  • Latitude: 42.7248
  • Longitude: -71.2316

    Address

  • Full Address: 1 Thomas Rd
  • Address - House Number: 1
  • Address - Street Name: Thomas
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Methuen
  • Carrier Code: R012
  • 4-Digit Zip Code: 1400
  • Zip Code: 01844

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $715,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 740,528
  • High Value: 850,216
  • Low Value: 630,839

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $611,900
  • Assessed Land Value: $230,900
  • Assessed Improvements Value: $381,000

    Sales

  • Current Sale Recording Date: Dec 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31324
  • Previous Sale Recording Date: Mar 18, 2004
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Methuen Town

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$326

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2221 ft²

Average Home Age

56.1 years

Currently For Sale

74 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71909940

Frequently Asked Questions

When was property at 1 Thomas Road built and last sold?
The property at 1 Thomas Road was built in 1985 and last sold on Jan 1, 1970 for $418,000.
How much is this home worth?
The estimated value of the home located at 1 Thomas Road is $442,896.
What are some comparable homes to 1 Thomas Road?
There are currently no comparable homes to 1 Thomas Road.
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